Eclipse Secures $1.3B AI & Defense Fund

Eclipse announced a $1.3 billion fund, the largest in its history, split into $720 million early‑stage and $591 million later‑stage capital.
The fund targets AI infrastructure, manufacturing and defense startups, building on Eclipse’s portfolio that includes Cerebras, Wayve and Redwood Materials.
Founder Lior Susan, also Cerebras board member, noted the focus on national strength, sovereignty and security in physical‑world tech.
Comparable VC activity includes Valar Atomics ($2 billion valuation), Physical Intelligence ($11 billion talks) and Anduril Industries (> $60 billion valuation).